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The older rifles might not all have a lash shot hold open, but they were generally higher quality with a metal trigger guard and better quality wood stocks and nice metal finishes and higher capacity tubes. If an older rifle is taken care of, I think it is worth paying for the quality. Also $50 in 1960 Dollars is a lot different than 2015 Dollars so you cant say you bought this for $50 and now it is used so it must we worth less than $50.
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True but it still is what it is, a Glenfield model 60, They do not compare it fit, finish, reliability, and accessory availability as a Ruger 10/22, IMO anyone would pay ie: $200. for a used 10/22 before a Glenfield or marlin model 60. Again my opinion.
This has no serial #, no bolt hold open, so it is probably 1960-1968 mfg. It's receiver is matte black finished, barrel blued and of course walnut stock with squirrel & life designs. But overall condition is fair for the bluing and stock.
Now if it was a model 57 lever 22mag or something else I would consider more money but I would never pay a lot for one of these no matter what condition. I got this one for free. I fixed and cleaned a marlin m60 for a guy and he gave me this one plus money as payment. Good little 22's just not worth a lot to me. I have many different 22 rifles I prefer to hunt/shoot with. I went completely thru this one and ordered some parts, now need to get inner/outer tube assemblies and give it to one of my kids.